Mathematics, 06.04.2020 18:26 Jinesha
The following is the list of MAD statistics for each of the models you have estimated from time-series data:
Model MAD
Linear Trend 2.38
Quadratic Trend 3.66
Exponential Trend 4.33
AR(2) 1.97
Based on the MAD criterion, the most appropriate model is:
a) linear trend.
b) quadradic trend.
c) exponential trend.
d) AR(2).
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